sbaloanshq
FranchisesThe Covery
SBA Franchise IDS7345

SBA Loans for The Covery Franchises

Who actually funds The Covery SBA 7(a) deals, and how much they lend. Sourced directly from SBA FOIA records covering every approved 7(a) loan from 2023–2024.

3
SBA 7(a) loans
$2.3M
Total approved
$777K
Avg loan size
3
Lenders

Top lenders funding The Covery SBA loans

Ranked by number of The Covery 7(a) loans approved since 2023.

#LenderLoansTotal VolumeAvg Loan
1BayFirst National Bank1$863K$863K
1Eastern Bank1$469K$469K
1Newtek Bank, National Association1$1.0M$1.0M

Source: SBA FOIA 7(a) loan-level data, 2023–2024. Shows lenders with at least one approved The Covery loan in this period, ranked by loan count.

The Covery SBA loans by state

StateLoansTotal VolumeAvg Loan
MS1$1.0M$1.0M
FL1$863K$863K
MA1$469K$469K

The Covery SBA loans by year

FY2023
2
$1.9M
FY2024
1
$469K

How to use this

The lenders above have actually closed SBA 7(a) loans for The Covery franchisees, so they already understand the brand's model, unit economics, and franchise agreement. That familiarity usually means a faster, cleaner underwrite than a lender seeing the concept for the first time.

A lender being active historically doesn't mean they're the right fit for your deal size, location, or timing right now. That's where we come in — we match your The Covery deal to a lender currently funding this brand.

Financing a The Covery franchise?

We know which lenders are actively funding The Covery deals right now and which fit your loan size and location. Pre-qualify and we'll find your match (free to borrowers).